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in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without the fiscal cliff. >> everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today, whether to follow the senate's lead and hike taxes on the wealth. from capitol hill, i'm steve handelsman, nbc news. bill, back to you. >> well, thanks, steve. >>> we have new details today on secretary of sate hillary clinton and the blood clot that has her hospitalized. the clot is located in a vein in a space between the brain and the skull, near her right ear. it did not cause a stroke or neurological damage. doctors say she's making excellent progress. the blood clot is related to a concussion clinton suffered earlier this month. it was discover
lower cut off, $250,000. but he claimed victory. >> keep in mind that just last month, republicans in congress said they would never greece to raise tax rates on the wealthiest americans. >> the house stands adjourned until noon tomorrow. >> john boehner said lawmakers home to celebrate the new year without a vote to avoid the fiscal cliff. >> it is disgusting, and everybody involved should be embarrassed. >> the economy could take a hit, but senate leaders spoke to counter that with the rare, strong bipartisan vote. >> house republicans could still reject the deal to keep america off the cliff. steve handelsman, debby l. tv 11 news. >> with all that said, we still need -- tv 11 news. >> we are still about an hour away from january 1, 2013. one of the hot spots to be tonight is the inner harbor. sarah samson joins us live from there. i assume the excitement is still building down there. >> absolutely. the crowds have been picking up over the last hour or so. there is lots of enthusiasm out here, with less than 60 minutes to go before downtown baltimore wellcome's 2013. whether they
for breaking 20 years of gop opposition to tax hikes. >> keep in mind that just last month, republicans in congress said they would never agree to raise tax rates on the wealthiewealthi est americans. >> middle class families will wake up today to the assurance their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his gop lawmakers might not go along. boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today whether to follow the senate's lead and hike taxes on the wealthy. from capitol hill, steve handelsman, nbc news. bill, back to you. >> reaction to the senate's move was swift as many people were still up welcoming the new year. familiar faces on msnbc were in rare form starting with joe scarborough who tweeted, why can't washington ever put together a deal that cults spent? this deal fails on most counts. it's a distressing failure of
. $250,000. but he claimed victory. >> keep in mind that just last month republicans in congress said they would never agree to raise tax rates on the wealthiest americans. >> reporter: but house speaker john boehner and his gop lawmakers might still not agree. >> the house stands adjourned until noon tomorrow. >> boehner sent house lawmakers home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> off the cliff at midnight the economy could take a hit but senate leaders hope to counter that with a rare, strong, bipartisan vote. house conservatives could still reject the plan and keep america from climbing back up the cliff. i'm steve handelsman, news 4, capitol hill. >> again the senate is expected to vote on those bills sometime late tonight or early tomorrow morning. top democrats say it will have their support. tomorrow at noon could be where we really find out if the deal holds up. stay with news 4 and nbc washington.com for the latest developments through the night. >>> they are mourn
, the president seemed to take a victory lap today at the white house. >> keep in mind that just last month republicans in congress said they would never agree to raise tax rates on the wealthiest americans. obviously, the agreement that's currently being discussed would raise those rates and raise them permanently. >> reporter: it was a campaign-style event. >> i'm going to be president for the next four years, i hope. so -- [ applause ] >> reporter: that alienated the very people he needs to get any deal passed. >> very disappointed to hear what the president just had to say in front of a pep rally. >> he comes out and calls people together and has a group standing behind him, laughs and jokes and ridicules republicans, what is -- why? >> reporter: if a deal finalized, and if passes congress, two big ifs, it would extend tax cuts for all workers under $400,000, prevent a big tax hike on estates under $5 million and extend unemployment benefits set to expire tomorrow for some 2 million people. so, the scramble continues tonight. congressional leaders trying to get to a deal that would pass
in 2013. >> keep in mind just last month republicans in congress said they would never agree to raise tax rates on the wealthiest americans. obviously the agreement is currently being discussed would raise those rates and raise them permanently. now -- [ applause ] >> yeah! [ applause ] >> but guess what. you may not get any more revenue. you may not get any more economic growth but you can say i stuck it to the rich people. >> reporter: on capitol hill, the blame game is in full lot tole with with just a few hours left before we take the "fiscal cliff" plunge at midnight eastern time. >> i'm willing to get this done. i need a dance partner. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues, but both sides are making concessions. if the deal passes? >> it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have kids going
come next year. >> you know, keep in mind that just last month republicans in congress said they would never agree to raise tax rates on the wealthiest americans. obviously, the agreement that's currently being discussed would raise those rates and raise them permanently. [ applause ] >> now -- >> guess what. you may not get any more revenue. you may not get any more economic growth. but you can say, i stuck it to the rich people. >> reporter: only capitol hill, the blame game is in full throttle with just a few hours left before we take the "fiscal cliff" plunge at midnight eastern time. >> i want everyone to know i'm willing to get this done, but i need a dance partner. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues but both sides are making concessions. if the deal passes, it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit fo
done now with a chance to talk about some of these issues some more in the new congress and in the months ahead. chris? >> kelly o'donnell, thank you. well, all eyes do now turn to the republican-controlled house and speaker john boehner. about two hours before the senate voted, the house leadership said it would take a wait-and-see approach. "decisions about whether the house will seek to accept or promptly amend the measure will not be made until house members and the american people have been able to review the legislation." with me now, "the washington post's" david machimura and steve toma, chief political correspondent for "mclatchy" newspapers. good morning. >> good morning. >> happy new year. >> happy new year. david, let's talk about what we're going to see in the house. obviously, if it passes, a lot of people will probably be voting yes while they're holding their nose, but could there also be a revolt from conservative members that could threaten this bill? >> i think, chris, you can never predict completely smooth passage, especially in the house, but i thin
. congress has about two months before it has to raise the debt ceiling or risk causing the government to default on its bills and financial obligations. then we maybe get our credit rating lowered. you remember all those tricks. treasury secretary timothy geithner says the government will use a series of accounting measures to avoid defaulting on its debt. now, on monday it suspended the issuance of new debt for two government retirement funds reaching the limit sets up another big fight between the white house and congress over taxes and spending. in the new year sounds like the fiscal cliff all over again, right? that's because it is. >>> the markets are closed today for new year's but on monday wall street ended 2012 on a very high note. the dow jumped 166 points, finished the year up 7%. nasdaq really the leader here of 59 points yesterday. closed 201215% -- 2012 15% higher. >>> the health of the economy could influence whether a child picks up unhealthy habits. scientists found children who grew up during times of unemployment rates were high, were more likely to drink, smoke and
in mind, last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. the agreement that is being currently discussed would raise those rates and raise them permanently. host: president obama talking about what democrats won, potentially, in this deal. a writer for the nation -- "the nation" -- as he writes, the bill was approved, and most republicans were behind it. they're worse -- there were some no votes. there were five republican nos. there were three knows from the democrats, senators bennett, harper, and tom harkin. richard in capitol heights, maryland, an independent color. caller: thank you for taking my call. those people realize that this so-called fiscal cliff, but there is a reason why these tax cuts camp -- come up every year. it is so they can keep debating over the american people, to allow the american people to pay super rich people's america -- their taxes. i just do not get what people do not understand that this is why it comes up every year. that is what we will keep doing. this is what they are fighti
.o.p. is not. >> just last month republicans in congress said they would never agree to raise tax rates on 00 wealthiest americans. obviously the agreement is currently being discussed would raise those rates and raise them permanently. >> republicans suggested the event may back fire. accusing the president of rubbing their noses in defeat. >> time to stop the campaigning, the president won. we all know that. he won fair and square. but isn't it now time to govern? >> the president was absolutely out of line with his comments at 1:30 this afternoon. this is a very delicate time in the negotiations. i would think democrats would be embarrassed at what the president did. >> after months of the president promising a balanced approach, there are only tax hikes for the rich without any new spending cuts. and today he hinted at even more tax hikes ahead. warning republicans future deficit reduction will not come from cuts alone. >> if they think that's going to be the formula for how we solve this thing. then they have got another thing coming. that's not how it's gonna work. >> republicans fired
, technically they vote to cut taxes, might be another selling point in and of itself. in two months, when the united states hits that debt ceiling, and congress has to vote whether to raise it or not. and the sequester, when they come due, when mandatory spending cuts take effect, remember, they are delaying them for two months, and we will have another huge battle on our hands, and at that point, we will have more leverage, more distance between now and the election and the debt ceiling, because the united states could be default unless the president decides to raise it. it will take an act of congress to raise the debt ceiling. that's what we're looking at in the short term, whether the republicans can get this passed out of the house of representatives tomorrow or the following day, and two months down the line, because the deal they struck tonight, milissa, carries the seeds of further confrontation, bigger confrontation, one more thing, joe biden when he left the meeting stopped by the pool camera outside the senate chamber and said it will be a tough vote. never predict how the sena
for about two months. but again, they're still working on it. and all of these negative effects can be undone with congress continuing to work. but deadlines tend to make things happen here. and missing tonight could delay this for an amount of time we just can't predict. kate? >> kelly o'donnell on capitol hill where i suspect she'll be for a while. tonight our political director and chief white house correspondent chuck todd also on hand tonight. he joins me now. chuck, there are a lot of people, i'm sure, out there rolling their eyes, wondering how did we get to this point on new year's eve? how did they let it go this far? >> reporter: well, the biggest problem is our political system does not reward compromise. the way these deals have happened in the past, with previous presidents and previous speakers and previous leaders is a compromise is rewarded by the public. and right now, whether it's president obama, whether it was speaker boehner, the two of them couldn't find a way to get to a deal because they didn't want to look like they were ever caving. and when you get to a po
and spending cuts for government programs and the military will be on hold a couple of months, giving congress more time to figure out how to reduce the deficit with other kinds of changes. that was just the senate working in the middle of the night. the house of representatives comes in today with pressure on them to make a deal as well and to cast a vote. that fiscal cliff has arrived but it looks like a solution is in place. andrea? >> thanks, kelly. your voice sounds a little like mine this morning. >> reporter: indeed. >>> doctors treating secretary of state hillary clinton for a blood clot in her head say they're confident she'll make a full recovery. more from chief science correspondent robert bazell. happy new year, robert. >> reporter: happy new year to you, andrea. the story could be a lot worse. it now appears that hillary clinton was in a dangerous situation, but it's been resolved successfully and every indication says she'll made a full recovery. she had a blood clot in a vein not in her brain but next to her brain. had it grown it could have cause aid small stroke. extensive ex
ceiling debate. is the >> no question we will be back in two months having this discussion. credit rating is in trouble. congress has to look at the spending side. the bill does nothing for spendi spendispend. that matters to americans because it effects every sij american by having a higher interest rate. it's very important. both sides were together cooperating and finding a way to cut spending. >>> thank you soichl. so much. >> thank you. happy new year. >> 48 after the hour with the new year come a slew of new laws including some that could surprise you such as a ban on letting pigs run wild. some lawmakers quenching their thirst for regulations with this plastic water bottle ban. we will have more on that. right now let's check in with brian kilmeade he was coming up on fox and friends. happy new year. >> same to you. we are going to go over the next four-hours details on this plan passed by the senate overwell canni -- overwhelmingly. see if it has any hope of passing the house. so far not so good. john will be joining us to look at the financials of this whole deal coming down and
secretary says they can move some things around and buy us a couple of more months which happens to be the same time that congress is going to have to once again decide how they're going to defer these a draconian spending cuts that was decided the last time we voted on the debt ceiling. so all of this time is going to come together and you add one more thing to it and that is the appropriations bill, the spending bill. it expires in march. so you have these three things happening in march. it's just going to lead to another grand bargain, drama-style negotiation and whether or not they come with if comprehensive bill to reform some of the entitlement programs, to reduce government spending, to simplify the tax code, all of the things we heard them talk about our political leaders in washington over the last year and a half. that will be the next chance they have to do that to come together, if you will. to either fight or come together in the grand bargain style agreement. but joe biden tonight, telling democrats behind closed doors when he met with them here on capital hill,
fors, if you will to put off those cuts for two months to allow the next congress to figure out how to find more surgical cuts than essentially the automatic cuts that were due to kick in in january. now, there is a lot of back and forth. there is some things republicans don't like about this deal. some things those on the left don't like about this deal. i just heard from a prominent republican senator who thinks that the democrats will lose some of their most liberal members on this deal who are unhappy about the tax rate issue. they wanted it more to only extend the bush tax cuts to those making up to $200,000 or couples making up to $250,000. the number will be higher than that. bottom line, a lot of republicans in the senate feel like the rank and file democrats will likely fall in line and support the deal. so they think in the end that there will be the votes to pass the senate, bret. >> bret: so what if you can, judging from your reporting up there, tell us what vice president biden s really doing up there at the senate democratic caucus meeting? if all of these signals from
an act of congress to raise it. so all of these things are going to come together in two months time and people are already now predicting a fight, if you can believe this, even bigger than the one we've just witnessed over the past several weeks, maura. >> and looking forward to what happens next, you mentioned the house and both speaker boehner and nancy pelosi said they would consider the plan, although nancy pelosi did not go as far as to endorse it. what can we expect in terms of the house as far as how we can receive this? >> i've got to tell you, the veteran congressional watcher, i am fascinated to see what the house is going to do. here's the argument republican leaders made in the senate and are likely to make in the house tomorrow. yes, this is a horrible bill for us. we're asking many of you to vote against fundamental, a very basic tenant of your political belief, your philosophy, and that is never to vote, to raise taxes in any way, shape or form although technically, we should -- >> i just want to cut you off to report the breaking news that the senate has now approved
or not this is going to be the final deal or finally get through congress. but certainly at this point, after all the twists and turns we've seen over the last couple of months, but certainly over the last couple of days, with mitch mcconnell, trying to get an agreement with harry reid, it has been apparently successful now. joe biden behind closed door with, at least get it through sometime before dawn tonight, and let the house come in and wrestle with it on new year's day, melissa. >> well, as we speak, the vice president is there trying to speak to his own troops, if you will, who may be holding out their votes up for this deal. he has been with them for how long now, and is there any sort of word that you're hearing at all about how it is going? >> well, we haven't heard anything because all the senators, as far as i know have not come out of that meeting. he got up here about 50 minutes ago. he is meeting with those senators now. the $250,000 threshhold that was set forth by the president that the president campaign ed on. many on the left are disappointed that he has given in to a certain
for two months so the white house and congress can have more time to debate them. democrats and republicans agreed to a compromise. they say not acting could have had devastating consequences. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing, they'd be going up on everyone. >> it is now up to the house to vote on that proposal. >>> this morning, police in prince william county are mourning the loss of one of their own killed in the line of duty. 35-year-old officer chris young who you see there was responding to an accident yesterday when he slammed his motorcycle into a minivan on a nokesville road in bristow. when the vehicles collided, they burst into flames. young died and the driver of the minivan was not injured. still no word if any charges will be filed against the driver. >> the search is on for the driver who ran over a 16-year-old girl and then took off. jackson was crossing a busy new york avenue in northwest friday night when she was hit by a car. police say she was in the street but outside the crosswalk. the driver o
-term unemployment benefits. about $24 billion in spending cuts would be delayed for two months. so the white house and congress can have more time to debate them. democrats and republicans agreed to a compromise. they say not acting could have had devastating consequences. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing, they'd be going up on everyone. >> it is now up to the house to vote on the proposal. president obama released a statement shortly after the senate voted that reads in part, "tonight's agreement ensures that going forward we will continue to reduce the deficit through a combination of spending cuts and new revenues from the wealthiest americans. i will continue to fight every day on behalf of the middle class and all those fighting to get into the middle class to forge an economy that grows from the middle out, not from the top down." >>> but the house may not be ready to vote just yet. house speaker john boehner says his team needs to review the measure before deciding to schedule a vote on it or trying to change it. the white house ho
essentially we continue to go back to every couple months as a result of this deal or any other deal they could have put together at the last minute. >> as i mentioned in the intro, you're leaving the congress. you've been there a long time. you sent out an e-mail last week telling supporters you're going to continue to be active and when i saw that, the first thing i asked was whether you're planning on running for office again any time soon? >> well, you know, talk to my wife about that. the answer is that i don't have any immediate plans to run for office. i'll be making some announcements in the next couple days. rather than worrying about myself in the last couple months since i knew that i wouldn't be returning, i'm concerned about the country, so i've been focusing on the job that i have now and when the new congress is sworn in on thursday, then i'll start to focus on what my plans are for the new year. >> congressman kusinich, thanks so much. it's been a real pleasure covering you on capitol hill, your run for president and we wish you all the best. >> thank you, happy new y
's just more smoke and mirrors and congress pulls these stunts all the time. putting off the sequester for two months, kicking the can down the road this bill looks like it's raising revenue, but very little of anything about cutting subpoenaing. we kick the can down the road and will do that two months from now. >> let me ask you this, then. some logic -- grover and others put forward the idea that you get some kind of deal on the tack thing, not terribly painful to everybody. follow the bitter medicine, to use a doctor's phrase. can you move on and focus on entitlements and spending cuts? >> i heard republican colleagues in the senate to talk about that in anticipation of the overwhelming support of this deal that was cut. and they tried to explain that away and say this is the fiscal cliff. we have a fiscal grand canyon to deal with. and the president won round one and we'll sock it to him in round two, i don't know about that, two months, three months, we'll wait for round three and really get him. i mean, at one point this business of living to fight another day. you have to dig i
leaders who cut this deal call it imperfect and many members of congress on the floor today, democrat and republican, cannot have agreed more. >> a new year's deal for new year's day or groundhog day. like the movie groundhog day, this government in two months will arrive at another crisis of debt, of spending and taxes. our debt-based economics system with its exponential growth of debt due to compounded interest consigns us to massive unemployment, threats to the social safety net, a deteriorated infrastructure, a psychology of poverty amidst plenty. austerity. congress must regain its full power accorded under the constitution. >> congress is addicted to spending money. maybe congress should join spending anonymous. here's the 12-step plan. one, congress should admit it is addicted to spending someone else's money. two, make a list of the wasteful spending. three, pass a yearly budget and a constitutional balanced budget amendment. four, stop giving money to countries that hate us. five, have the resolve not to spend money we don't have. six, don't contribute to the addiction by ta
but not done yet. >> very frustrating that they have been at this for months and months and it's now 12 hours away and we are very close, very, very close, that's great but i would like to see it done. >> this congress has already been called one of the most ineffective in modern history. what happened on capitol hill today only solidified that in many people's minds. we have made it easy for you to track all of the latest developments on the fiscal cliff. just head to our website, wusa9.com, and click on fiscal cliff. >>> 2012 ends tragically for a family of a prince william county police officer. officer chris yung died in a crash at the intersection of nokesville road and piper line in briscoe. deborah joins us live in prince william county with more. >> reporter: it is a tragic sad story and looks like the investigation may be wrapping up behind us. they are now cleaning up the road but we want to show you a picture of that officer who passed away earlier tonight. again, very sad situation. a prince william county police officer dead tonight killed in a fiery crash here in bristow. office
congress and the next fight acoss cross the board spending cuts and the fiscal cliff negotiations delayed for two months. the idea that battle will be different than this one seems -- >> i would like it to. >> laughable. she makes a point that a lot of people make during these strugglings democracy is a method it always has been but plenty of people we spoke with say they are sick and tired of the mess and they are hope they don't think congress can do anything. >> some interesting comments out there. chris will be monitoring everything going on in the capitol tonight and will bring us updates in the next hour and a half. >> we go to the weather and our first forecast for 2013. steve rudin is in the weather center. >> not so bad here in the weather center. we're watching clouds and we had a few showers south of d.c. but those showers are pretty much gone with. 41 in dulles. the same in manassas. 44 at reagan national airport. if you're looking for the colder air, head out to the west. 27 in oakland, maryland. moisture is to the south of our are
but congress, what they should do later tonight and this week? >> first off i would have made a decision a long time ago. we h two years to this problem. this problem should have been solved months ago. politicking should have been set aside. we should have got something done people should not have gone home for thanksgiving. i don't understand they're representing us as business owners why they can't act like us and make decisions like us. we have to do it every single day. adam: just to set the record, straight, scott, some studebakers hold their value. congress, not much. >> zero. >> but can they avoid the fiscal cliff? senator gop john ba roost sew joins us later. no matter what deal congress strike the capital-gains tax, it shoots up next year. we'll tell you what investors can do to say in the game. more mony coming up less than seven hours until the new year and nothing rippings in the new year better than the government raising your taxes right? the capital-gains tax inease will be 20% from the current 15 some argue that would generate more money from unsell cam. my -- uncle sam. my nex
there is a move now to delay that for two months. what that would do is it would allow congress more time to look for alternatives that wouldn't be so draconian to make additional cuts that would not be arbitrary, but would be more well thought out. both parties would like to achieve that they're looking at a possible delay of two months. the problem with that is to delay it meeans the cost of the two months is to add to it the deficiency. they're looking for other ways to offset that cost. the argument here all trying to come down to deal with the long-term deficit. so any move that in effect adds to the deficit really undoes all of the work they're at. so it's an unusual night. there are pizza boxes around there are people who aren't normally here there are at least a handful of senators who are celebrating anniversaries that i've spoke to either tonight or tomorrow with spouses who are near or far. so it's an unusual atmosphere. it is still possible they say to get some kind of an immigrant on the senate side tonight. that's why they're staying late. the house has gone home. so in effect, the
testifying to congress about benghazi as she had promised before her illness. >> andrea mitchell in washington tonight, thank you so much. secretary clinton's health problems started last month when she fainted after being dehydrated from a stomach virus. she suffered a concussion in that fall leading to the blood clot she's dealing with now, all of which is bringing attention to the dangers of head injuries. we asked robert bazell to take a look at how blood clots are treated and injuries. >> reporter: the type of blood clot that struck mrs. clinton is potentially dangerous but it is not a typical complication of a concussion. >> patients who have a concussion, very rarely have this type of injury. this would be similar to the clot that she had. >> reporter: it's more common that a concussion would cause bleeding inside the brain. but doctors say a brain scan looking for that problem would find a clot. mrs. clinton's clotd formed in a vein on the surface of the brain. it could grow larger causing blood to back up into the brain. that could cause a stroke. doctors prevent that wi
of negotiations are now postponed for at least two months. >>> we talked with some taxpayers in the bay area, many say they're frustrated with the way congress has handled the fiscal cliff negotiation. >> there's interests and lobbyists that are really controlling the decision making. we're kind of an afterthought now. >> lawmakers came together tonight. some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for the markets overall. the dow was up 7%. s & s & p 500 15% and the nasdaq went up nearly 16% higher than when it started. >>> secretary of state hillary clinton is in the hospital treating a blood clot. doctors say she did not suffer a stroke and expect her to make a full recovery. however clots are potentially serious if not treated. they can l
for at least two months. >>> we talked with some taxpayers in the bay area, many say they're frustrated with the way congress has handled the fiscal cliff negotiation. >> there's interests and lobbyists that are really controlling the decision making. we're kind of an afterthought now. >> lawmakers came together tonight. some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for the markets overall. the dow was up 7%. s & s & p 500 15% and the nasdaq went up nearly 16% higher than when it started. >>> secretary of state hillary clinton is in the hospital treating a blood clot. doctors say she did not suffer a stroke and expect her to make a full recovery. however clots are potentially serious if not treated. they can lead to a hemorrhage ins
now then? >> reporter: well, the secretary was expected to step down at the end of the month once the senate confirms her successor. but today senate staffers told us that right now there is no word yet as to when congress will begin those hearings to approve john kerry as the next secretary of state. clinton herself isn't expected to travel. these health issues have kept her from all public events for the past three weeks, but she is working from her hospital bed. >> mason: margaret brennan from new york presbyterian hospital. thank you, margaret. a shell oil drilling rig is on the rocks off the coast of alaska. it ran aground last night near an uninhabited island on the state's south coast as it was being towed in a storm. lee cowan reports the coast guard is leading efforts to free the ship and prevent damage to the environment. >> reporter: severe wet has complicated efforts to determine the damage to the 266-foot drill barge called the "kulluk." the concern is not for the true. all 18 aboard were evacuated by the coast guard. the worry is the more than 160,000 gallons of dies
overseas trains and her plans to testify in congress. her top two deputies testified in her place. secretary clinton has stressed she remains ready to testify before she steps down from her post next month. in new york, david lee miller, fox news. >>> another new report on the deadly attack on the u.s. consulate in benghazi is attempting to shed light on what led to the confusing talking points in the week following the attack. it says the cia, fbi and other intelligence officials made major changes to those talking points about events surrounding the tax which in turn led to the confusing explanation by the obama administration. >>> a new york city couple is under arrest and facing some serious charges. investigators found a highly explosive substance and documents on how to make a bomb in their home over the weekend. police made the arrests after getting a tip. officers say they discovered about seven grams of hmtd in their living room which is used to make bombs as well as a sawed-off shotgun. papers also titled the terrorist encyclopedia were found. >>> still ahead on fox 5 mo
has not been seen in public since she fainted and suffered a concussion earlier this month. her illness prevented her from scheduled visits overseas and testifying in front of congress about the attack in benghazi. trace? >> trace: david lee, what are they saying about her treatment. >> doctors are treating secretary clinton with blood thinners, they say she will be released from hospital once they establish a proper dosage. because she had a head injury doctors need to monitor her treatment. an unwanted side effect could be bleeding in her brain. when she will be released is not certain. tonight, as you mentioned, she will usher in the new year from the hospital. >> but she has had a similar problem before, right, david lee? >> indeed, she had. it was in 1998 that she had a blood clot behind her right knee. she later told an interviewer it was the worst health problem she ever experienced. doctors say patients who suffer from a clot often will have repeat episodes. airplane travel can also be a risk factor. in her capacity as secretary of state, hillary clinton has logged hundr
on in congress. republican line from arkansas. caller: i pay health insurance every month. every year i end up paying $600 and it just goes up. on the issue of medicare in the fiscal cliff, you get 1.5% taken out of your paycheck or the past 20 years. why can we not raise that to the amount people pay for future health care? that would not bother me one bit. that is not a tax increase. it's an economic issue that health insurance costs have gone up but they have never raise the amount of money we pay for our future health care which is 1.5%. raise it to 2% or whatever it needs. it does no good unless they lock that money in a box. they take that money and spend it every year and they try to find money to pay out benefits. i am not for tax increases, but it does not bother me that i pay a little bit more for my future healthcare because my health insurance goes up every year. why can medicare not go up? host: next is francis in redding, pa., on the republican line. caller: hello. good afternoon. if i go back a little bit, all democracies are small but loyal. what you're seeing today is a mob ru
bye about two more months of the debt ceiling. a year and a half ago what had been a routine vote in the congress usually and suddenly became a huge battle. why? because republicans say that is a mechanism they have raising the debt ceiling, some the president and treasury secretary want that forces the president to the table to have more spending cuts. the white house insists he will agree to other spending cuts without in their words being hold hostage by the gop. the war of words will begin again. in two months another fight oh over the sequester. the across-the-board spending cuts that both sides say they hate and yet they are kicking the can down the road again. number two, a big fight again over lifting the debt ceiling. paying the bills or reaching the limit on our bore are rowing authority. that is the underlying thing here is that if any one thinks the quote unquote deal if it goes through the house and senate and signed by the president in the next 24-48 hours if they think that is the end there is another big budget battle coming. two of them about two months from now,
senate and our congress. i think harry reid sat on a bill that was sent over six months ago or more that he never brought to the floor. whether you're a democrat or a republican, our government is spending as to bankruptcy. there will not be any money for entitlements and food stamps that that gentleman just talked about. if he thinks that is going to solve anything except push us further into debt, a a as a solution, it isn't. i vote we go over the cliff. i hope boehner and cantor hold the line. if the senate does not get their bill, a tough. obama has got to stop campaigning and start leading. host: a producer with fox news just sent this week. -- this tweet. now, david dreier is retiring. he will not be in congress come thursday. as rules committee chair, he has 35 more hours or so of being the chair, and then a new chair will be coming in. representative tom gray, a republican from georgia, tweets. ryan, california city, calif., independent. caller: even if we pass this resolution and we do not go over the fiscal cliff, the tax hikes, even if they are on people who make $450,000
reduction. that is progress but we will need to do more. keep in mind that just last month, republicans in congress of they would not agree to raise tax rates on the wealthiest americans and the agreement being discussed would raise those rates permanently. [applause] keep in mind, we will still have more work to do. we still have deficits that have to be dealt with, we will still have to think about how we put our economy long term project for growth, how we continue to make investments in education and infrastructure that help our economy grow. keep in mind that the threat of tax heights going up is only one part of this so-called fiscal cliff. what we also have facing us starting tomorrow or automatic spending cuts that are scheduled to go into effect. keep in mind that some of these spending cuts that congress has said will automatically go into effect have an impact on our defense department but that also have an impact on things like head start. there are some programs that are scheduled to be cut. we are using an ax instead of a scalpel. it may not always be the smartest cuts. th
unpatriotic, suffering under the label of not being patriotic, and all 14 members of congress vote in declaring war in mexico, and that's how the war starts. it's short, 20 months total, and 16 months of those are actual fighting. as you'll hear today, it was not short enough for the american people. it was marked by a number of stunning military successes by the united states like the battle of buena vista where 5,000 american soldiers defeated an army between 15 and 20,000 soldiers. the numbers, the ratios in the battle is obviously quite astounding, but the fact of the matter is almost every battle of the u.s.-mexico war, troops greatly outnumbered u.s. troops, and, yet, the u.s. won every single military engagement in the war with the exception of the battle in california which americans prefer to think of as a squirmish rather than a battle. that doesn't really count other than that americans win every single battle. three theaters the war, and in the first stage of the war, zachary taylor secured northern mexico with key victories in 1846 in the first months of 1847. the seco
in anacostia. >> it is just the latest attack on a metro bus in recent months. derrick ward is live in southeast where some people are calling for more security on metro. >> they are. the 93 bus runs between adams mill road and northwest. congress heights back in southeast and, you know, along the way, popular might spots, u street corridor, barracks road. just to name a few. it was a popular route last night. when the bus got here in the 2200 block of martin king, a vicious attack occurred that left would women hospitalized. i was around 2:15 a.m. on the 93 bus headed to congress heights. according to metro, two women onboard that bus got into an argument with a male passenger. as the bus traveled south on martin luther king avenue, things got violent. male passenger stabbed one of the females several times in the chest, arms, legs. the woman she had been riding with was beaten in the head and face. possibly with some kind of object. authorities say that one of the victims alerted the driver who stopped the bus and alerted police. the attacker ran and remains at large. it was back
of pushing off to another day, perhaps two months down the road, that bigger fight. again, they do have to decide what to do with the planned $24 billion in spending cuts and that will come right about the time that congress has to deal with yet another bruising debt ceiling battle. >> all right. thank you. >>> why do you think lawmaker waited until last minute? there is a lot of questions surrounding that. we are getting a lot of feedback on our facebook page. >> william have bad hotwood says it was to, quote, act like they are doing something for their already overrated salaries. they do this almost every year. we need to force them to change the way they work us for. share your commends our facebook page. >>> still ahead this new year's morning. >> so, a deal has been reached mentioned in the senate. that doesn't mean the tension is gone. we'll take a look at what new year's resolution lawmakers may want to consider when we come back. (woman) 3 days of walking to give a break cancer survivor a lifetime-- that's definitely a fair trade. it was such a beautiful experience. (jessica lee
is kicking the can down the road. this has to be re-addressed in two months, when this temporary bill, somewhat expire, correct? >> yeah. that's the real problem here this. deals with only the discretionary spending parted of the budget, the part of the budget that congress is in charge of. everything else that is off budget, which is entitlement spending, medicare, medicaid, social security, there is nothing in this to touch that. that's really what draws theire of conservatives because that's the main thing that drives up the debt. they still haven't gotten their hands wrapped around that. even on the discretionary side of the budget, the part that congress does have its hands on, they basically haven't done anything. as you say, they have kicked the can down the road, one more time. >> speaking of that, the other thing this bill does not address at all is the debt ceiling, which we did hit yesterday. but of course, treasury circuit tim geithner has put in emergency spending measures that are going to forestall that crisis, again, for another couple of months. so we are going to be
can only borrow so much money as thourzed by congress. think about it like your credit card company. if you want to borrow more, you have to ask for more. money can be shifted around for a couple of month. by late february, however, we're going to have to have this fight over the debt ceiling again and many of the budget hawks were already braced for that without this priming the pump. beyond that, what about the payroll tax cut in this was a 2% cut in your payroll tacks last year. almost every american enjoyed this. it took down their social security taxes, put a few extra dollars in their pockets. that expired at the end of last year, at the end of 2012. so many republicans are not necessarily thrilled oifr thatway because they could say that is a tax increase on the middle class. really it's not but certainly it's going to feel that way to a lot of people. what about the begin one? sequestration. remember, that's a long fancy world for a deal that both parties agreed to. they both said if they could not settle their budget differences by the end of 2012, there would be an automat
to be a winner. the big loser is two months down the road what are we going to do. >> there is a lot of finger- pointing going on. you could say what is hobbling the ointment. >> i would say that congress. and they have had nearly two days in the have not had this done. here we are, new year's eve and nearly tomorrow. >> with a new year, happy new year. if you'd like to connect you can follow him on twitter - his handle is "at- yaki-blog." >> jacqueline: we are seeing some cloud coverage. with clear conditions by midnight it is racing to the bay area. some clouds will remain by aid and by midnight, patchy clouds. temperatures will be dropping, dramatically. visibility should be good. as we take a look of the satellite & radar for rainfall is offshore. there is cloud coverage but it is just racing through. with clear skies and place. chilly temperatures. possibly some drizzle and there is some rainfall. it is not that to try. s this storm passes through it. fairfield, vallejo and antioch. temperatures are really going to cool off. 30's in vallejo. 35 in vallejo, 37 degrees in half moon bay. the
together last year. go through this drama two or three months down the road. it's all self-serving and all ridiculous. >> juliet: that's why polls show americans have a horrible opinion of the way congress is. >> they really should have a horrible opinion of the way congress acts. the real fiscal cliff beneath our feet is the $16 trillion in debt that's going to continue to go higher and higher and the lost opportunities. this country is nowhere near living up to its greatness that we possess. nowhere near it. >> steve: let's see. we're just starting a new year. we can be optimistic burks -- but relickicly? >> it could have been worse. >> juliet: thank you, charles. happy new year. >> brian: that could be the cover of anthony robins you -- new book. >> juliet: still ahead, have you made a new year's resolution, chances are you did. father john shows us how faith can help you keep it. >> steve: how about dinner and drinks wednesday night with the girls? forget it. we'll tell you who is pulling the plug on ladies night. oh, oh ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪
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